Schedule of Charges - CIBC · CHARGES VAT FINAL CHARGES (pre -VAT) 17.00% (inc.VAT) Schedule of...

Effect ive: Ma r ch 1, 2019

Schedule of Charges

St. Kitts & Nevis

Retail

1

2

3 SUNDRY SERVICES

4 LENDING AND CARD SERVICES

5 CORPORATE SERVICES

6 TRADE SERVICES

Schedule of ChargesCONTENTS

PERSONAL DEPOSIT AND TRANSACTION ACCOUNTS -

PERSONAL DEPOSIT AND TRANSACTION ACCOUNTS - FOREIGN CURRENCY

CHARGES VAT FINAL CHARGES (pre -VAT) 17.00% (inc.VAT)

Regular Chequing Accounts (Product Code 504, 505, 514)

Monthly Service Fee $21.37 $3.63 $25.00

Transactions Fees: In Branch/Over-The-Counter

Free Debits per month Nil Nil

Debits/Withdrawals fee (after free debits) $2.56 $0.44 $3.00 + stamp duty

Free Credits per month Unlimited Unlimited

Credits/Deposits fee (after free credits) Free Free

Chequing Plus Accounts (Product Code 512, 535)


Transactions: In Branch/Over-The-Counter





Platinum Chequing Accounts (Product Code 790)

Average Balance to avoid monthly service fee N/A - N/A

Monthly Service Fee for falling below average balance N/A - N/A


Free Debits per month Unlimited Unlimited

Debits/Withdrawals fee (after free debits) Free Free



Regular Savings Accounts (Product Code 517)




Debits/Withdrawals fee $2.56 $0.44 $3.00 + stamp duty



Schedule of ChargesPERSONAL DEPOSIT AND TRANSACTION ACCOUNTS - LOCAL CURRENCY



Savings Plus Accounts (Product Code 520)







Direct Banking Accounts (Product Code 709)


Monthly Service Fee for falling below average balance $0.00 $0.00 $0.00




Free Credits per month Nil Nil

Credits/Deposits fee $10.00 $1.70 $11.70

Bank@Work Accounts (Product Code 829)




Free Debits per month 10 10



Credits/Deposits fee Nil Nil

Bank@School Accounts (Product Code 806)





Debits/Withdrawals fee (after free debits) Nil Nil


Credits/Deposits fee (after free credits) Nil Nil

mailto:Bank@Work%20Accounts%20(Product%20Code%20829)

mailto:Bank@School%20Accounts%20(Product%20Code%20806)



SureStart (Junior) Accounts (Product Code 519)


Monthly Service Fee for falling below average balance Free Free






See Sundry Services Section for Applicable ABM charges

Seniors Chequing Accounts (Product Code 508)








Seniors Savings Accounts (Product Code 518)










Fixed Deposit Accounts

Transfer to another internal account on maturity Free Free

Transfer to another institution on maturity Draft or Wire Fee Draft or Wire Fee

Notes:

1. * - Product/Service Not offered to new clients

2. Senior Chequing & Savings Accounts - Commission Free Services on Local Mgr Cheques, Standing Orders & Traveller's Cheques

3. All figures are quoted in Eastern Caribbean Dollars unless otherwise stated.

Early Redemption Fees - Non-redeemable Fixed deposits only :

Terms 1k 10k 50k 100k 300k 500k 1M 5M

180- 365 days $50 $50 $150 $150 $150 $500 $500 $1,500


UNITED STATES DOLLAR (USD)

USD Chequing Accounts (Product Code 506)

Monthly Service Fee USD 15.00 USD 2.55 USD 17.55



Debits/Withdrawals fee (after free debits) USD 1.00 USD 0.17 USD1.17 + stamp duty

Free Credits per month 2 2

Credits/Deposits fee (after free credits) USD 1.00 USD 0.17 USD 1.17

POUND STERLING (GBP)

GBP Chequing Accounts (Product Code 507)

Monthly Service Fee GBP 15.00 GBP 2.55 GBP 17.55



Debits/Withdrawals fee (after free debits) GBP 1.00 GBP 0.17 GBP1.17 + stamp duty

Free Credits per month 2 2

Credits/Deposits fee (after free credits) GBP 1.00 GBP 0.17 GBP 1.17

Notes:



3. EUR currency fixed deposits and transaction accounts, where offered, are charged at a rate of 0.70% per annum.

Schedule of Charges

PERSONAL DEPOSIT AND TRANSACTION ACCOUNTS - FOREIGN CURRENCY

INTERNET AND TELEPHONE BANKING

WIRE TRANSFERS

Via Branch Via Internet Branch Internet Via Branch Via Internet

$1 to $99,999.99 $130.50 $78.50 $22.19 $13.35 $152.69 $91.85

$100,000 and Over $140.50 $83.50 $23.89 $14.20 $164.39 $97.70

Local / Regional Transfers

To /from an account held at other local banks via

RTGS (local currency transactions only)N/A N/A N/A N/A N/A N/A

To an account held at one of our regional branches $40.00 $30.00 $6.80 $5.10 $46.80 $35.10

Incoming Wire Transfers

To credit an account at one of our branches

To credit an account held at other local banks

Payable on presentation of Photo Identification Returned Wire Payments: Incoming and Outgoing

Tracers on Wire Transfers

If sender wishes to pay correspondent fees on wires

DRAFTS

Local Draft (Manager's Cheque)

USD Currency Draft

Other Foreign Currency Draft

Tracers on Local Drafts

Tracers on Foreign Drafts

Stop Payment on Local DraftsStop Payment on Foreign Drafts: (includes foreign bank

charges)

Duplicate / Replacement Drafts

Schedule of Charges

CHARGES VAT FINAL CHARGES

SUNDRY SERVICES

(inc.VAT)

$43.42 $7.38 $50.80

$6.22 $42.80

(pre -VAT) 17.00%

Monthly Access Fee

$58.50 $9.95 $68.45

$15.00 $2.55 $17.55 + Stamp Duty

USD 30.00 USD 5.10 USD35.1 Equivalent

USD 40.00 USD 6.80 USD46.8 Equivalent

$45.21 $7.69

$36.58

$52.9 + Stamp Duty

$45.21 $7.69 $52.9 + Stamp Duty

USD 4.08 USD28.08 Equivalent

Notes:

1. All figures are quoted in local currency unless otherwise stated.

2. RTGS - Real Time Gross Settlement is an initiative of some local Central Banks that allows commercial banks to make (large) inter-bank

transactions in real-time in local currency

3. All wires are sent for Beneficiary to pay Correspondent fees by default. If the sender wishes to pay this fee, US$24 will be added upfront to the

cost of the wire.

USD 24.00

$92.31 $15.69 $108 + Costs

$25.00 $4.25 $29.25 + Costs

Original Draft Fee Original Draft Fee

$40.00 $6.80 $46.8 + Costs

$170.59 $29.00 $199.59

Schedule of Charges


SUNDRY SERVICES

(inc.VAT)(pre -VAT) 17.00%

MAIL TRANSFERS

Outgoing: Inland

Outgoing: Overseas

Incoming: Processing Fee

Incoming: Payment to Other Institutions

TRAVELERS CHEQUES

Cashed In - American Express

Cashed In - VISA

STANDING ORDERS

Set-up

Amendment

Internal Standing Orders

Between accountsTo make a loan payment or pay annual fees for a

bank serviceTo transfer funds LOCALLY

To transfer funds OVERSEAS

BILL PAYMENT

Via the Internet

Via the Branch Counter

Via the ABM

Via Standing Order (bills are sent to bank for payment)

Via Direct Debit (Pre-Authorized Payment)

N/A N/A

N/A N/A

N/A N/A

$15.00 $2.55 $17.55 per payment

$10.00 $1.70 $11.7 + Draft/Wire fee

$10.00 $1.70 $11.7 +Draft fee

$10.00

Free Free

$1.70 $11.70

$27.69 $4.71 $32.4 +Stamp Duty

$10.00 $1.70 $11.70

$27.69 $4.71 $32.4 +Stamp Duty

0.085%, Min. 0.585%. Min. $11.70

$135.00 $22.95 $157.95

0.50%. Min. $10.00 0.085%, Min. 0.585%. Min. $11.70

$10.00 $1.70 $11.70

Free Free

$15.00 $2.55 $17.55

0.50%. Min. $10.00

Schedule of Charges


SUNDRY SERVICES


TRANSFER BETWEEN ACCOUNTS

By customer via ABM, telephone or internet banking

By customer via another Bank's ABM

By us on written/faxed/telephoned instructions or to

cover cheques without prior instructions

CHEQUE RELATED

Cheque Books (all styles)

Stop payment on a local cheque (all reasons)Stop payment on a foreign cheque (all reasons) (includes foreign bank charges)Charge backs - (items returned to us by another bank)

Local Cheque

Foreign Cheque

*Non-Sufficient Funds (return cheque charge)

Foreign Cheque Processing Fee

Third Party cheque cashing Fee

ABM

New issue/replacement of expired or stolen card

Replacement of lost card**Mini Statement Print $1.28 $0.22

ABM Deposits

ABM Withdrawals:

At a FirstCaribbean ABM

At another Bank's ABM

Point of Sale Purchases

**FREE ABM Withdrawals & Ministatements for the following account types:

Direct Banking, Bank@Work, Bank@School, Senior Savings, Senior Chequing

STATEMENTS

Mailed/Regular/diary filled statement

Duplicate/Additional/Interim statement (each)

Screen print/photocopy (per page)

Held for Collection at the Branch (per annum)

E-statement:

Set Up

Daily files

Weekly Files

Monthly Files

Transaction Fee

ACCOUNT CLOSURE

Within 90 days

$8.55 $1.45 $10.00

$33.76 $5.74 $39.50

$13.50 $2.30 $15.80

No Charge No Charge

Free Free

$54.00 $9.18 $63.18

Free Free

$42.73 $7.26 $50.00

Free Free

N/A N/A

$199.59

Cost + stamp duty Cost + stamp duty

$40.00 $6.80 $46.8 each

$170.59 $29.00

$50.00 $8.50 $58.50

$119.66 $20.34 $140.00

$100.00 $17.00 $117.00/$45.00

$6.92 $1.18 8.1+ stamp duty

$0.85 $0.15 $1.00

Free Free$50.00 $8.50 $58.50

$1.71 $0.29 $2.00

N/A N/A

$1.50

Monthly Subscription Fee (to be collected via standing order)

US$50.00 / account $8.50 $58.50

US$20.00 / account J$3.40 J$23.40

US$15.00 / account J$2.55 J$17.55

$30.00 $5.10 $35.10

No charge No Charge

Schedule of Charges


SUNDRY SERVICES


Within 180 days $29.25$25.00 $4.25

Schedule of Charges


SUNDRY SERVICES


DORMANCY PROTECTION

Initial Notice (when account goes dormant after 2 years of inactivity)

Notice thereafter (every year of inactivity)

Reactivation

Transfer to Central Bank (after 15 years of dormancy)

TROUBLESOME ACCOUNTS

First Notification

Subsequent warning letters

Solicitor's letter

RESEARCH

Where vouchers are held at local branch

Same Month (within 30 days of last statement)

1-5 Vouchers / Items (charge per hour)

Each additional Voucher / Item

Up to 3 months



Over 3 months and up to 7 Years



SAFETY DEPOSIT BOXES

Annual (Rental) Fees

Small (1.5 x 5 )

Medium (3.5 x 4.5) - Nevis Branch

Medium (2.5 x 5 )

Large (2.5 x 10)

**Refund of Annual Rental Fee (box closed before year

end)

Other Fees

Number of free visits

Additional visits

Forced entry / Drilling of Box

Listing of contents

Estate opening of box

Replacement/Lost Key

Notification of Safety Deposit arrears

$80.00 $13.60 $93.6 + cost

Covered above

Covered above Covered above

$30.68 $5.22 $35.90

$39.45 $6.71 $46.16

Covered above Covered above

Covered above

$30.00 $5.10 $35.10

$30.68 $5.22 $35.90

$50.00 $8.50 $58.5 + solicitor's charge

$30.00 $5.10 $35.10

$50.00 $8.50 $58.50

Free Free

$17.10 $2.91 $20.00

Free Free

$17.10 $2.91 $20.00

$125.00 $21.25 $146.25

$80.00 $13.60 $93.6 + cost

$225.00 $38.25 $263.25

Annual fee less

outstanding charges &

taxes

2 per month

$10.00 $1.70 $11.7 per visit

$250.00 $42.50 $292.50

$150.00 $25.50 $175.50

$175.00 $29.75 $204.75

Annual fee less

outstanding charges &

taxes

2 per month

$250.00 $42.50 $292.50

$80.00 $13.60 $93.6 + cost

Schedule of Charges


SUNDRY SERVICES


SAFEKEEPING AND SECURITIES

Annual (Rental) Fees

Sealed envelopes (Letter Size)

Sealed Boxes/Packages

Small

Medium

Large

Locked boxes, trunks, etc (per entry)

Stocks, debentures, share certificates, Deeds, treasury bills

safekeeping

Other Fees

Number of free visits

Additional visits per month

Obsolete collateral

MISCELLANEOUS SERVICES

Audit Certificates and Other Letters

All years prior

Special letters: balances, interest letters, letters

to Consulates, local banks

Special Presentation Letters to Credit Bureau /

Overseas banks

Credit Report – written to local institution

Credit Report – written to Overseas institution

Certificate/Confirmation of balance

Statement of Interest Paid

Fax sent/received for a customer

Signature verification

Photocopying documents (per sheet)

Coin Orders (same day request for coin)

Coin / Cash Handling

Late submission of Financial Statements

Third-party Withdrawals

No passbook transaction (excluding internal entries)

Savings Passbooks (at customer's request)

N/A N/A

$50.00 $8.50 $58.50

1.00%

Minimum $8.54

0.17%

Min. $1.46

1.17%

Minimum $10.00

1.17%

Minimum $10.00

$5.00 $0.85 $5.85

1.00%

Minimum $8.55

0.17%

Min. $1.45

$10.00 $1.70 $11.70

N/A

Unlimited Unlimited

$25.00 $4.25 $29.25

$150.00

$35.00

$5.10 $35.10

$25.50 $175.50

N/A N/A

$11.90$70.00 $81.90

$5.00

$70.00 $11.90 $81.9 per item per annum

$25.00 $4.25 $29.25

$0.85 $5.85

Free Free

$40.95

USD 25.00 USD 4.25 USD 29.25

$30.00

$29.25

$25.00 $4.25 $29.25

$4.25

$25.00 $4.25 $29.25

$5.95

$25.00

$175.00 $29.75 $204.75

$350.00 $59.50 $409.50

$10.00 per item,

Min. $20.00 per annum

$1.70 per item,

Min. $2.34 p.a.

$11.70 per item,

Min. $23.40 per annum

N/A

Schedule of Charges


SUNDRY SERVICES


LARGE CASH DEPOSITS

Fee for depositing large cash deposits in-Branch

Fee for depositing large cash deposits via Night

deposits

Notes:



3. $35.10 NSF fee for all foreign current products.

$0.43 per every

$1,000 in cash

deposited over

$27,000

$0.07

$0.50 per every

$1,000 in cash

deposited over

$27,000

$11.54 per every

$1,000 in cash

deposited over

$13,500

$1.96

$13.5 per every $1,000

in cash deposited over

$13,500


OVERDRAFTS

Set up / Annual Renewal Fee1.00%

Minimum $100.00

0.17%

Min. $17.00

1.17%

Minimum $117.00

Temporary Overdraft Setup Fee1.00%

Minimum $100.00

0.17%

Min. $17.00

1.17%

Minimum $117.00

Excess Overdraft Fee (in addition to encroachment

rate)

1.00%

Minimum $68.38

0.17%

Min. $11.62

1.17%

Minimum $80.00

Unauthorized Overdraft Fee (in addition to

encroachment rate)

2.00%

Minimum $68.38

0.34%

Min. $11.62

2.34%

Minimum $80.00

Note: Overdraft interest rates are charged separately. See rate bulletin.

CREDIT CARDS

See Credit Cards Schedule of Charges

VISA DEBIT CARD - LOCAL CURRENCY

Annual Fees No Charge No Charge

Fast Card Fees (Courier charges only) $45.00 USD equiv N/A $45.00 USD equiv

ABM Balance Inquiry Fee:

At a local FirstCaribbean ABM No Charge No Charge

At another bank’s ABM $2.00 N/A $2.00

ABM Withdrawals:


At another local bank’s ABM 2% Minimum $8.00 N/A 2% Minimum $8.00

At International/Overseas bank’s ABM

(Including FirstCaribbean ABMs in another

country)

2% Minimum $8.00 N/A 2% Minimum $8.00

Point of Sale Purchases Free Free

Replacement & Additional Cards - Classic $25.00 N/A $25.00

Replacement & Additional Cards - Platinum $25.00 N/A $25.00

Stamp Duty No Charge No Charge

Declined Transactions:


At another local bank’s ABM $1.50 N/A $1.50 At International/Overseas bank’s ABM


country)

$1.50 N/A $1.50

Schedule of Charges

LENDING AND CARD SERVICES

VISA DEBIT CARD -USD CURRENCY

Annual Fees No Charge No Charge

Fast Card Fees (Courier charges only) $45.00 N/A $45.00

ABM Balance Inquiry Fee:


At another bank’s ABM $0.50 N/A $0.50

ABM Withdrawals:


At another local bank’s ABM $3.00 N/A $3.00

At International/Overseas bank’s ABM


country)

2% Minimum $8.00 N/A 2% Minimum $8.00

Point of Sale Purchases Free Free

Replacement & Additional Cards - Classic $5.00 N/A $5.00

Replacement & Additional Cards - Platinum $10.00 N/A $10.00

Stamp Duty No Charge No Charge

Declined Transactions:


At another local bank’s ABM No Charge No Charge At International/Overseas bank’s ABM


country)

$1.00 N/A $1.00

Notes:




Set up Free Free

Service Fee (monthly) Free Free

Operational (per payroll run) $10.00 $1.70 $11.70

Transaction Fee (per credit/payment)

Per credit to employee account with FirstCaribbean $0.75 $0.13 $0.88

Per credit to employee account with Another Bank $1.25 $0.21 $1.46

Late transmission of payroll file $20.00 $3.40 $23.40

Minimum monthly service fee Free Free

Withdrawals / Cheques per entry $0.75 $0.13 $0.88Deposits / Credits per entry $0.75 $0.13 $0.88

MANUAL PAYROLL - PAPER LIST OPTION

Set up Free Free


Operational (per payroll run) $50.00 $8.50 $58.5+ transaction fee





MANUAL PAYROLL - CASH / ENVELOPE OPTION

Set up Free Free




Cash paid to employees $3.00 $0.51 $3.51

Envelopes filled and paid to employees or collected

by employer

$5.00 $0.85 $5.85


Schedule of Charges

CORPORATE SERVICES

E-CHEQUE CARD ACCOUNTS (Product Code 846)

E-PAY (PAYROLL; SUPPLIER PAYMENTS; DIRECT DEBITS)


Schedule of Charges

CORPORATE SERVICES

E-PAY (PAYROLL; SUPPLIER PAYMENTS; DIRECT DEBITS)

OVER-THE-COUNTER PAYROLL

Set up Free N/A

Service Fee (monthly) Free N/A





Same day or immediate request $100.00 $17.00 $117.00

ONLINE BILL ACCEPTANCE

Where a company signs up as a Biller on First

Caribbean Internet Banking$0.86 $0.15 $1.00

DEPOSITORY

Annual Fees

Disposable Bags $213.68 $36.32 $250.00

Canvas Wallets $256.41 $43.59 $300.00

Short Term Rental (30 days or less)

Disposable Bags $29.91 $5.09 $35.00

Canvas Wallets $42.74 $7.26 $50.00

Safekeeping (where contents remain in bag)

Disposable Bags N/A N/A

Canvas Wallets N/A N/A

Rebates: Disposable Bags and Canvas Wallets1/12 annual fee for

unused months

1/12 annual fee for unused

months

Per Package(Disposable Only)

Small: 9 x 12 $162.39 $27.61 $190.00

Medium: 12 x 16 $170.94 $29.06 $200.00

Large: 19 x 28 $179.49 $30.51 $210.00

Replacement and Repairs

Canvas Bag repairs $150.00 $25.50 $175.50

Canvas Bag replacement $150.00 $25.50 $175.50

Canvas Bag Keys $60.00 $10.20 $70.20

Trap Door Key $60.00 $10.20 $70.20

Additional Key $60.00 $10.20 $70.20

Statement Frequency

Daily XCD$135.13/USD$50 $22.97 XCD$155.4/USD$58.50

Monthly XCD$40.54/USD$15 $6.89 XCD$46.62/USD$17.55

E-STATEMENT PRICING

Fee

Via Swift:

Via Email:


Schedule of Charges

CORPORATE SERVICES

E-PAY (PAYROLL; SUPPLIER PAYMENTS; DIRECT DEBITS)Daily XCD$67.56/USD$25 $11.49 XCD$77.71/USD$29.25

Weekly XCD$40.54/USD$15 $6.89 XCD$46.62/USD$17.55

Monthly XCD$27.03/USD$10 $4.60 XCD$31.08/USD$11.70

Set-upp Fee

Standard Set Up XCD$135.13/USD$50 $22.97 XCD$155.4/USD$58.50

Additional Set Up XCD$27.03/USD$10 $4.60 XCD$31.08/USD$11.70

Notes:



SWEEPS and ZBAs


(pre -VAT) 17.00% (inc.VAT)

BONDS, INDEMNITIES & GUARANTEES

All Guarantees and Bonds without full cash collateral2.00%

Minimum $175.00

0.34%

Min. $29.75

2.34%

Minimum $204.75

All Guarantees and Bonds with full cash collateral:

First$15k $110.00 $18.70 $128.70

$15k - $50k $225.00 $38.25 $263.25

Over $15k $550.00 $93.50 $643.50

LETTERS Of CREDIT

Export (Inward) Clean & Documentary:

Advising Credits $80.00 $13.60 $93.6 + cost

Amendments to Credits $80.00 $13.60 $93.6 + cost

Confirming Credits0.50%

Minimum $110.00

0.085%

Min. $18.70

0.585%

Minimum $128.70

Import (Outward) Clean & Documentary:

Opening (Irrecovable & Revocable)

First 3 months or part thereof

$0 to $50k 1.00% 0.17% 1.17%

Over $50k0.75%

Minimum $110.00

0.1275%

Min. $18.70

0.8775%

Minimum $128.70

Each additional month or part thereof 0.25% 0.0425% 0.2925%

Establishment Commission:

Sight to 3 days - Term Maximum 1 year Maximum 1 year

First 3 months or part thereof

$0 to $50k 1.00% 0.17% 1.17%

Over $50k0.75%

Minimum $110.000.1275%

Min. $18.70

0.8775%

Minimum $128.70

Each additional month 0.25%

Minimum $80.000.0425%

Min. $13.60

0.2925%

Minimum $93.60

Schedule of Charges

TRADE SERVICES



Schedule of Charges

TRADE SERVICES

LETTERS OF CREDIT : Continued

Amendments/Increases/Extensions:

Amendments/Cancellations: $80.00 $13.60 $93.60

Extensions (up to 1 month; maximum 1 year)0.25%

Minimum $80.00

0.0425%

Min. $13.60

0.2925%

Minimum $93.60

Increases

Same rate as

establishment

Min. $110.00

Same rate as

establishment

Min. $18.70

Same rate as establishment

Min. $128.70

Standby credits (e.g. credits in support facilities):

First 3 months or part thereof:

$0 to $50k 1.00% 0.17% 1.17%

Over $50k0.75%

Minimum $110.00

0.1275%

Min. $18.70

0.8775%

Minimum $128.70

Each additional month 0.25%

Minimum $80.00

0.0425%

Min. $13.60

0.2925%

Minimum $93.60

Refunds on prepaid credits Per Demand Rate Per Demand Rate

Branch corresponding charges Per Correspondent Per Correspondent

Interest on Drawings:

Transit Prime + 5.5% Prime + 5.5%

Clean Encashments of credits within country:

Set-Up $50.00 $8.50 $58.50

Thereafter

0.25%

Min. $15.00; Max.

$55.00

0.0425%

Min. $2.55;

Max. $9.35

0.2925%

Min. $17.55; Max. $64.35

Clean Encashments of credits outside country:

Set-Up $80.00 $13.60 $93.60

Thereafter

0.25%

Min. $15.00; Max.

$55.00

0.0425%

Min. $2.55;

Max. $9.35

0.2925%

Min. $17.55; Max. $64.35



Schedule of Charges

TRADE SERVICES

BILLS FOR COLLECTION

Outward:

Handling Fee – Sight & Tenor

Up to $1,000 $40.00 $6.80 $46.80

Over $1,000 $55.00 $9.35 $64.35

Inward:

Collection Commission

Up to $25,000

1.00%

Minimum $55.00

0.17%

Min. $9.35

1.17%

Minimum $64.35

Over $25,000 0.75%

Minimum $55.00

0.1275%

Min. $9.35

0.8775%

Minimum $64.35

Holding Commission:

Sight Bills (commencing month after arrival of

goods)

$55.00 $9.35$64.35p.m. or part thereof

Delivery orders $45.00 $7.65 $52.65

Shipping guarantees / Guarantees re missing bills of

lading:

First 3 months or part thereof $65.00 $11.05 $76.05

Each additional month $45.00 $7.65 $52.65

Payments to agents (per payment) $35.00 $5.95 $40.95+ Stamp duty +

postageReturn of documents charges $80.00 $13.60 $93.60Storage of Goods (customs bonds) $80.00 $13.60 $93.6p.m. or part thereof +

out of pocket expenses

Extending due date / altering tenor of bill $55.00 $9.35 $64.35Bills paid in installments $55.00 $9.35 $64.35

Re-shipping of goods $170.00 $28.90 $198.9 + Cost

Endorsement of shipping documents as attorney $40.00 $6.80 $46.8 per set Endorsement of parcel post notice $30.00 $5.10 $35.10Certificate of transfer of title to goods $40.00 $6.80 $46.80Statement of Past Due Bills (Minimum) $30.00 $5.10 $35.10Statement of Past Due Bills (Maximum) $40.00 $6.80 $46.80



Schedule of Charges

TRADE SERVICES

BILLS FOR COLLECTION (cont'd)Insurance of goods (per 100) $5.00 $0.85 $5.85 per 100 Protest fee $170.00 $28.90 $198.9 + Legal Expenses Airmail charges $3.00 $0.51 $3.51 + Stamp duty Bills for acceptance and return $65.00 $11.05 $76.05Extension / Alteration / Amendments to bill N/A N/ALetters of undertaking $25.00 $4.25 $29.25

Remittance of proceeds by wire (On Principal’s See Wire Fees See Wire FeesCheques received for collection:

Up to $1,000.00 $40.00 $6.80 $46.80Over $1,000 $55.00 $9.35 $64.35

Documentary Collections/ Handling Fee:

Up to $25,000 local equivalent 1.00%

Minimum $55.00

0.17%

Min. $9.35

1.17%

Minimum $64.35

Over $25,000 local equivalent 0.75% 0.13% 0.8775%

Bills Discounted – Clean or Documentary:

Handling Fee – Sight or TenorUp to $25,000 local equivalent 1.00%

Minimum $80.00

0.17%

Min. $13.60

1.17%

Minimum $93.60

Over $25,000 local equivalent 0.75%

Minimum $80.000.1275%

Min. $13.60

0.8775%

Minimum $93.60

Interest fee – Sight 1.00%

Minimum $35.00

0.17%

Min. $5.95

1.17%

Minimum $40.95

Interest fee – Tenor Client Specific Client Specific



Schedule of Charges

TRADE SERVICES

BILLS FOR COLLECTION (cont'd)

Securities TransactionsDeliveries of Securities:

To local purchaser

2.00%

Minimum $80.000.34%

Min. $213.60

2.34%

Minimum $93.60

Out of Country Transactions (up to $10K)

3.00%

Minimum $140.00

0.51%

Min. $23.80

3.51%

Minimum $163.80

Collection Fee on coupons/Dividends

5.00%

Minimum $55.000.85%

Min. $9.35

5.85%

Minimum $64.35

Treasury Bills:

Taking Delivery $110.00 $18.70 $128.7 Flat + Insurance at

$0.41 per $5k

Redeeming at Treasury $110.00 $18.70 $128.7 Flat + Insurance at

$0.41 per $5k

Cheques sent on Collection (USD) Commission Fee N/A N/A

Notes:



Schedule of Charges - CIBC · CHARGES VAT FINAL CHARGES (pre -VAT) 17.00% (inc.VAT) Schedule of...

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